Is Using Private Cars for Business Purposes Illegal?
1 Answers
Using private cars for business purposes is illegal. Here is the relevant information about using private cars for business purposes: 1. Definition: Using private cars for business purposes refers to an economic behavior where company shareholders or employees use their personal vehicles for the company's business activities, and the company reimburses rental fees or expenses such as fuel costs, toll fees, vehicle maintenance fees, insurance premiums, or provides subsidies. 2. Special circumstances: If an enterprise uses an employee's personal vehicle, it should sign a lease agreement and obtain vehicle rental invoices. In such cases, expenses related to production and operation, such as fuel costs, maintenance fees, and toll fees, can be deducted before corporate income tax with valid and legal vouchers.